Izmir Firca Sanayi ve Ticaret (IZFAS) — Working Capital to Net Assets Ratio
Izmir Firca Sanayi ve Ticaret (IZFAS) has a Working Capital to Net Assets ratio of 69.4% as of March 2026. Working capital of TL279.47 Million (current assets of TL482.62 Million minus current liabilities of TL203.15 Million) is measured against net assets of TL402.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See IZFAS financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Izmir Firca Sanayi ve Ticaret Working Capital to Net Assets (2014–2025)
This chart shows how Izmir Firca Sanayi ve Ticaret's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 69.4%, reflecting working capital of TL279.47 Million against net assets of TL402.76 Million TRY. See Izmir Firca Sanayi ve Ticaret defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Izmir Firca Sanayi ve Ticaret (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Izmir Firca Sanayi ve Ticaret from 2014 to 2025, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Izmir Firca Sanayi ve Ticaret stock valuation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 77.8% | TL311.46 Million | TL400.12 Million | TL526.40 Million | TL214.94 Million | ▲ +22.8 pp |
| 2024 | 55.1% | TL146.96 Million | TL266.90 Million | TL304.47 Million | TL157.51 Million | ▲ +2.5 pp |
| 2023 | 52.6% | TL100.03 Million | TL190.28 Million | TL222.20 Million | TL122.18 Million | ▼ -30.8 pp |
| 2022 | 83.4% | TL66.18 Million | TL79.36 Million | TL120.28 Million | TL54.11 Million | ▲ +30.8 pp |
| 2021 | 52.6% | TL14.24 Million | TL27.06 Million | TL76.84 Million | TL62.60 Million | ▼ -43.1 pp |
| 2020 | 95.7% | TL18.29 Million | TL19.11 Million | TL53.49 Million | TL35.20 Million | ▼ -14.4 pp |
| 2019 | 110.1% | TL18.93 Million | TL17.19 Million | TL40.71 Million | TL21.78 Million | ▼ -6.2 pp |
| 2018 | 116.3% | TL19.67 Million | TL16.91 Million | TL40.96 Million | TL21.28 Million | ▲ +0.5 pp |
| 2017 | 115.8% | TL22.76 Million | TL19.66 Million | TL42.96 Million | TL20.20 Million | ▲ +14.9 pp |
| 2016 | 100.9% | TL19.17 Million | TL19.00 Million | TL34.98 Million | TL15.81 Million | ▲ +18.9 pp |
| 2015 | 82.0% | TL15.25 Million | TL18.59 Million | TL29.57 Million | TL14.32 Million | ▼ -4.0 pp |
| 2014 | 86.1% | TL15.58 Million | TL18.11 Million | TL21.51 Million | TL5.93 Million | — |